Test your knowledge of double entry bookkeeping with our cost volume profit analysis quiz.
Cost volume profit analysis shows the effect of changes in costs and volume on the profit of a business. It is used as a management tool to make decisions about matters such as selling prices, break even sales levels and best use of production facilities.
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Try Another Double Entry Bookkeeping Quiz
This cost volume profit quiz is one of many of our online quizzes which are used to test your knowledge of double entry bookkeeping, discover another at the links below.
- Quiz 3: Debits and Credits Quiz
- Quiz 4: Debits and Credits Test
- Quiz 48: Financial Statements Quiz
- Quiz 9: Accounting Equation Exercises
About the Author
Chartered accountant Michael Brown is the founder and CEO of Plan Projections. He has worked as an accountant and consultant for more than 25 years and has built financial models for all types of industries. He has been the CFO or controller of both small and medium sized companies and has run small businesses of his own. He has been a manager and an auditor with Deloitte, a big 4 accountancy firm, and holds a BSc from Loughborough University.